Emerge vs TAGGER

TAGGER (TAG) is 3165.8× the size of Emerge (EMERGE) by market capitalisation. Over the past 30 days, TAG is ahead by 84.1 percentage points (EMERGE -91.6% against TAG -7.5%). Their daily returns move barely together (correlation 0.00 across 21 shared trading days). EMERGE has been the more volatile of the two, at 1079% annualised against TAG's 205%.

Correlation: 0.00
Size ratio: 1 : 3165.8
Ahead over 30 days: TAG

EmergeEMERGE

$2.267e-7

24h: —
Market cap: $22,669
Volume 24h: —
Volatility (ann.): 1079%

TAGGERTAG

$0.000659

24h: -12.47%
Market cap: $71.77M
Volume 24h: $1.89M
Volatility (ann.): 205%

EMERGE 0.0%Share of the two combined market caps100.0% TAG

Performance

EMERGETAG

7 days-87.83%-7.02%TAG
30 days-91.56%-7.49%TAG

Correlation

0.00over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	EMERGE	TAG
Max drawdown (400d)	-96.4%	-52.8%
Risk-adjusted return (90d)	-0.08	-0.15

Relative strength over 90 days: TAG outperformed EMERGE by 93.2% — measured on the EMERGE/TAG ratio, so it holds regardless of market direction.

Emerge →TAGGER →